Central Arkansas Sphinx Foundation

Analysis

Central Arkansas Sphinx Foundation is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Arkansas Sphinx Foundation reported income of $312k and spending of $323k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $312k (+149%), an average of +150% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central Arkansas Sphinx Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within AR. Charities of a similar size with the same main cause include Fort Worth Delta Delta Delta Alumnae Charities ($312k), Friends of the Southwest Virginia Museum Historical State Park ($312k) and Sawyer County Nonprofit Housing Development Inc ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $136k against liabilities of $48k, net assets of $88k.